HGO 1.85% 5.3¢ hillgrove resources limited

HGO FUTURE, page-173

  1. 642 Posts.
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    Its become a difficult situation.

    Staff have a vested interest in not spending the dwindling cash and holding on to it for as long as they can so they continue to be employed for as long as possible.

    From what has been written, the remaining cash is needed to stay in business. It seems there is insufficient cash to explore. There is definitely insufficient cash to invest in mining.

    It seems like a catch 22 situation. HGO has finished its mining phase with insufficient cash to do anything meaningful and might now be in its share price death roll.

    Apologies for the negativity but where are the positives? I am struggling to find them.
 
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